
1638 Echo Park Ave Los Angeles, CA 90026
Echo Park NeighborhoodEstimated Value: $896,000 - $1,091,000
About This Home
As of July 2021Location, location, location! Nestled in the heart of trendy Echo Park, this well-maintained, newly painted charming Craftsman duplex will be delivered with one vacant unit recently renovated with all new stainless steel appliances, quartz countertops, and Shaker style cabinets, new flooring, and new bath. Each unit has a dedicated parking spot and its own private outdoor space -the upper unit has a balcony with downtown city views and the lower an enclosed patio, perfect to enjoy a cup of joe or some wine, or BBQ with friends. Another bonus the property is on a private street with an electronic gate, or a keyed entry gate, as the only access. This duplex is ideal for the owner-user, or an investor who wants to collect the current rents ($2000-$2500 market rent for the renovated unit, and $1700 for the other), or renovate the top unit once the current tenants can be relocated. Located steps to the main thoroughfare of Echo Park and Morton Aves, you are minutes' drive to Dodger Stadium and downtown and a few minutes walk to Counterpart and Glowing Juices for a plant-based meal, acai bowl or refreshments, Valerie Confections to satisfy your sweet tooth and coffee fix, Cookshop for the most charming grocery store known to man, or to Elysian Park for a picnic or a walk. This gem will go fast!
Last Agent to Sell the Property
Silverwood Properties License #01715663 Listed on: 06/01/2021
Last Buyer's Agent
David Golovin
Real Estate eBroker Inc. License #01993096
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,585
Year Built
- Built in 1928
Lot Details
- 1,014
Parking
- 2 Parking Spaces
Home Design
- 1,008 Sq Ft Home
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Additional Features
- Oven or Range
- 1,014 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 5420-028-029
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Walsh Jillian | $837,000 | Chicago Title Company | |
Nguyen Truc Linh Ngoc | $375,000 | United Title Company | |
Bennett Russell Lee | -- | United Title Company | |
Russell Lee Bennett Llc | -- | Provident Title |
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Walsh Jillian | $711,450 | |
Previous Owner | Nguyen Truc Linh Ngoc | $300,000 | |
Previous Owner | Bennett Russell Lee | $37,500 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/09/2021 07/09/21 | Sold | $837,000 | +4.8% | $830 / Sq Ft |
06/15/2021 06/15/21 | Pending | -- | -- | -- |
06/01/2021 06/01/21 | For Sale | $799,000 | -- | $793 / Sq Ft |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $10,585 | $870,814 | $697,068 | $173,746 |
2023 | $10,377 | $853,740 | $683,400 | $170,340 |
2022 | $9,888 | $837,000 | $670,000 | $167,000 |
2021 | $5,688 | $473,430 | $315,623 | $157,807 |
2020 | $5,745 | $468,576 | $312,387 | $156,189 |
2019 | $5,516 | $459,389 | $306,262 | $153,127 |
2018 | $5,494 | $450,382 | $300,257 | $150,125 |
2016 | $5,248 | $432,896 | $288,599 | $144,297 |
2015 | $5,171 | $426,394 | $284,264 | $142,130 |
2014 | $5,196 | $418,042 | $278,696 | $139,346 |
Agents Affiliated with this Home
-
Seller's Agent in 2021
Ken Shapiro
Silverwood Properties
(805) 415-8602
13 in this area
51 Total Sales
-
Buyer's Agent in 2021
David Golovin
Real Estate eBroker Inc.
(323) 524-5175
1 in this area
77 Total Sales
Map
Source: The MLS
MLS Number: 21-741886

APN: 5420-028-029
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